HYDERABAD, TELANGANA, INDIA, January 8, 2022 /EINPresswire.com/ — Military Marine Vessel Engines Market Forecasts to 2028 – Global Analysis By Propulsion (Diesel, Water-Jet, Nuclear, Hybrid, Gas Turbine), Vessel (Submarines, Naval Carriers, Frigates) and By Geography
The Global Military Marine Vessel Engines Market is growing at a CAGR of 6.0% during the forecast period 2020-2028. Increasing territorial conflicts, increase in procurement of engines and the increasing interests for hybrid turbochargers are driving the market growth. However, slowdown in oil industry is hampering the growth of the market.
Some of the key players profiled in the Military Marine Vessel Engines Market include Caterpillar, Cummins Inc., Fairbanks Morse, General Electric Company, Hyundai Heavy Industries, Steyr Motors Co Ltd, Rolls-Royce Holding PLC, Mitsubishi Heavy Industries, MAN Energy Solutions (Man SE) and STX Engine Co Ltd.
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